![Oil plunges 9% as major producers slash prices on demand weakness](https://cdn.newsserve.net/ONPglobe256.png)
Oil plunges 9% as major producers slash prices on demand weakness
West Texas Intermediate crude and Brent crude broke through the key support of $40 per barrel at their lowest points in the session.
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West Texas Intermediate crude and Brent crude broke through the key support of $40 per barrel at their lowest points in the session.
Full Article**Introduction**
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